German minister pushes oil firms to lower pump prices

Middle East Eye · May 2, 2026 Sanctions

German minister pushes oil firms to lower pump prices Germany’s finance minister, Lars Klingbeil, said oil companies must pass on the benefits of a government fuel tax cut to consumers, as Berlin moves to cushion the impact of rising energy costs. The measure, which took effect on 1 May, reduces energy taxes on diesel and petrol by about 0. 17 euros per litre and will remain in place through June.

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